And to getNote that using lower case "m" made no difference. Note that further investigation shows that the word wrapping has an item ofeffect here. With just 5Ms wide instead of 4Ms I had to set the item size to 5almost works.7!
Note that using lower case "m" made no difference.Initial summary: So either the documentation is wrong, or it is incomplete, or the implementation is broken.
Subsequent summary: the problem seems to reside with how Mathematica determines the font being used when doing the size calculations. It clearly responds when StandardForm is changed but does not respond to local font usage (apparently). Otherwise an item size of x/CurrentValue["FontMWidth"] should surely deliver an item xMs wide.